2a The equation for Foreign's production possibilities frontier (PPF) is |QA + QB = Foreign's maximum production of apples is QA = . Foreign's maximum production of bananas is QB = 2b. Foreign's opportunity costs of apples in terms of bananas is Clear all Search L O - C B L OUHome has 1,200 units of labor available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is 3, while in banana production it is 2. Choice A There is now also another country, Foreign, with a labor force (L) of 800. Foreign's unit labor requirement in apple production (aLA ) is 5, while in banana RS production (aLB ) it is 1. Relative price of apples a. Derive the equation for Foreign's production possibility frontier (assume the quantity of bananas is the dependent variable): 800 5 QB = 1 X QA 0.25 0.5 0.75 1 1.25 1.5 b. Which of the 4 diagrams represents the world relative supply curve given the Relative quantity of apples above information? Choice B Choice A Q Choice B RS Choice C Choice D Relative price of apples Q Search LOICBLQUE2c Home has the lowere opportunity cost of apples True False comparative advantage in apples